79 Godwin Ave
Paterson City, NJ 07501
Price: $525,000
GSMLS: 3964019Type: Multi-Family
Style: 2-Two Story
Total Units: 3
Beds: 6
Baths: 3 Full
Garage: No
Year Built: 1930
Acres: 0.06
Property Tax: $9,481
Description
Looking For An Excellent Investment Opportunity Or A Home With Rental Income Potential? This Renovated A Few Years Back, Three-family Home In The Heart Of Paterson Offers The Perfect Balance Of Convenience And Functionality. Each Of The Three Apartments Offers 2 Bedrooms And 1 Full Bathroom. Besides Separate Heat And Electricity The Home Has A Cctv System. First-floor Unit Rented To Section 8 Tenants For $1,600/month; Second Floor Under Contract To Be Rented To Section 8 Tenants For $1,900/month, 3rd Unit Currently Vacant And Ready For Your Vision. The Building Is Being Sold "as Is . Prime Location Near The Downtown, Close To All Major Highways, Near Elementary School, Middle School, Supermarkets, Shopping Centers, Parks, And Houses Of Worship. So, Whether You're Looking To Occupy One Unit And Lease The Others, Or Add To Your Investment Portfolio, This Home Offers Strong Income Potential And Versatility. Don't Miss Your Chance To Own This Well-located, Multi-use Property. Schedule Your Showing Today!
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
12
Basement:
Yes - Unfinished
Interior:
See Remarks
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
See Remarks
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
Cable TV Available
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Paterson City
Neighborhood:
n/a
Financial Considerations
List Price:
$525,000
Tax Amount:
$9,481
Land Assessment:
$21,800
Build. Assessment:
$164,300
Total Assessment:
$186,100
Tax Rate:
5.10
Tax Year:
2024
Listing Information
MLS ID:
3964019
List Date:
05-19-2025
Days On Market:
20
Listing Broker:
COREY J SCHNEIDER
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: TownsquareVillageLiving.com
